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/biz/ - Business & Finance


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5686468 No.5686468 [Reply] [Original]

LISTEN TO ME
IN THE OTHER THREAD AN ANON JUST POINTED OUT THAT
WITH REQ YOU CAN SUBMIT AN INVOICE TO YOURSELF

MEANING YOU CAN PAY YOURSELF IN CRYPTO

AND GET PAID IN FIAT

HYSTERICAL SCREAMING THREAD

>> No.5686535

AYEEEEEEEEEEEERRRRRREEEEEJJEDIDIDJDJDKDKSKSKSKLSPFO

>> No.5686610

AHAHAHAHAAHAHAHAHAHAAH

>> No.5686636

>>5686468
Yes, in theory you could do that with REQ, and that and many things makes it the best hold for 2018. But could you fucking niggers stop le funny memey xD about not being capable of cashing out? Fuck you, you're worst than pajeets.

>> No.5686651

>>5686610
IS THIS THE LAUGHT OF A PERSON WHO CAN NOW CASH OUT? REQ WILL FREE US FROM THE DARKEST CURSE OF THE CRYPTO MARKET

>> No.5686677

>>5686636
SUCK MY WHITE GLORIOUS DICK FOR 2 REQ OK WILL CONTACT YOU

>> No.5686694
File: 3.18 MB, 366x360, 222343463463.gif [View same] [iqdb] [saucenao] [google]
5686694

AAAAAAAAAAAAAAAAAAAAAAAAAAA
>AAAAAAAAAAAAAAAAAAAAAAAAAAA
ALL IN REQ

>> No.5686754

>>5686468
Too good to be true

>> No.5686756

I AM LITERALLY ORGASMING ON FUTURE GREEN DILDOS REQ WILL PUT UP MY ASSHOLE

>> No.5686787

>>5686754
NO ANON IT'S TRUE IT'S OK I KNOW YOU CAN BARELY REALIZE THAT

>> No.5686823

And how are you going to explain to the taxman where the money came from and how are you going to avoid an income tax on that

>> No.5686830
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5686830

>>5686468
MIIIIIIIINIIIIIIIIIIIIIISSSSSTEEEEEEEEERRRRRR YYYOUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU

SATOSHIIIIIIIIIIIIIIIIIIIIIIIIIIIIII

>> No.5686879

>>5686823
DON'T YOU LIVE IN A CIVIL COUNTRY ANON? I'M REALLY SORRY MAYBE YOU COULD JUST MOVE TO EUROPE MAYBE ITALY WHERE IF YOU BREAK THE LAW EVERYONE DO NOT GIVE A FUCK

>> No.5686923

>>5686823
>explain it like back to the future
>me from the past sent payment to me in the future for not fucking my life up anymore than i could have if i had purchased ripple.

ez.

>> No.5686926

Pay yourself in crypto and get paid in fiat? I'm confused, can somebody elaborate please?

>> No.5686963

>>5686926
Req supports crypto to fiat conversion.. read the white paper

>> No.5686980

>>5686926
> SEND AN INVOICE TO YOURSELF
> PAY THE INVOICE WITH NIGGERCOIN
> REQUEST WILL HANDLE FIAT CONVERSION

>> No.5687026

>>5686963
What is "the white paper"?

>> No.5687073
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5687073

>>5686468
I'm assuming you're referring to my post, so I'll just copypaste it again.

REQ is currently working on adding ERC20 tokens and Bitcoin support. Fiat is after that.

The point of Request Network is that you can demand payment in whatever you want (for example USD). And the payer can pay in whatever they want (crypto,erc20,other fiat) and through 0x and kyber they will get exchanged in real time with the lowest fees possible (an order of magnitude lower than the exchange rates of credit cards).

Aside from its intended usage, which is what everyone is basing their valuation estimates on, it will tap directly into a $500 billion crypto-market in which it's currently hard to cash out of, and expensive to buy into.

So it might, or might not steal marketshares from Paypal. But it sure as shit will become a force to be reckoned with in the cryptomarkets.

>> No.5687095

Do we want people to be able to cash out easily and quickly? Sounds like a recipe for disaster.

>> No.5687188
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5687188

>>5687026

>> No.5687203

>>5686963
>>5686468
who supplies the fiat liquidity in req? i dont understand

>> No.5687210

>>5687073
YOU ARE THE GENIUS

>> No.5687226

>>5687188
yes the normies are here

>> No.5687230

Even if it does happen, i'm pretty sure the fucking the feds would crack down on that shit like a wrecking ball

>> No.5687301

Put who would supply you with the FIAT?

>> No.5687401 [DELETED] 
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5687401

>>5687301

>> No.5687453

>>5687095
you do if they are cashing out through req and if you are holding req

>> No.5687504

Is Knc related?

>> No.5687518

>>5687073
You actually just convinced me buying into REQ. Just tell me what their currency is for.

>> No.5687890

>>5687301
this someone pls respond

>> No.5688222

>>5687203
Kyber network

>> No.5688451
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5688451

>>5687073
And as an aside, YCombinator, which has a high stake in Coinbase, also have a high stake in REQ. Since REQ's very functionality will pose a threat to Coinbase's entire businessmodel, it is only logical to assume that REQ will eventually be implemented in Coinbase to assure that both platforms survive and thrive.

>>5687518
REQ is what fuels the network. Just read the whitepaper. It's worth it.

>> No.5688560

who pays me the fiat?

>> No.5688596

I own 134k REQ. How rich will I be in 2018?

>> No.5688671

>>5688560
Whoever has the REQ application and wants your shitcoins. You send a request for X USD for Y shitcoins, and they choose whether to accept or decline.

>> No.5688725

>>5688596
Nobody knows, but if things go down as I suspect, you'll be a very rich man. And even richer still in 2019.

>> No.5688841

>>5688671
but who might that be?

another person? or a company?

>> No.5688951

Xlm can do that , fuck off req shill

>> No.5689000

>>5688841
See >>5688451 Coinbase for one.

And people, and other companies.

The reason people think REQ will be a real challenge to Paypal is because of the embedded button. When you've been on a website to buy something, I'm sure you've encountered it. Now imagine there is an embedded REQ button instead. All the items are priced in USD, but when you click the REQ button, you get to choose whether you want to pay with any crypto coins, ERC20 tokens, other fiat currencies, etc.

>> No.5689068

Does anyone forsee a dip below .50 or should i but it under 1 and be comfy

>> No.5689092

>>5686468
>it just keeps climbing

A CORRECTION MUST COME R-RIGHT GUYS??

>> No.5689117

>>5688951
Okay, but do you want to be associated with he/she/they/gay SJW's?

>> No.5689133
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5689133

>>5688951
>XLM

lol

>> No.5689155

>>5689000
ok. that makes a lot of sense.

>> No.5689187

>>5689117
>>5689133
Req develooers are socialists too , go on their twitter

>> No.5689224

>>5689187
REEEEEEEEEEEEEEEEEEEEE

>> No.5689230

>>5689187
I'm a socialist too. But that doesn't mean I'm fucking insane like the Stellar team is.

>> No.5689348

>>5687073
>they will get exchanged in real time with the lowest fees possible
So we are talking about a peer 2 peer FX company (many of these already exist; transferwise, mondo, revolut) plus crypto but without the overhead of paying to the prepaid-card jew?

Sounds pretty good to me.

The only downside I can see is if the flow of money is too much in one direction (USD->pajeets) Then people transferring the other way will get shitty rates (probably bank rate or just above)

But its a very good idea.

They will need to keep an eye on fiat transactions from an AML/due-diligence point of view though.

>> No.5689379

>>5687026
what the fuck are u doing here? gtfo brainlet

>> No.5689424
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5689424

>>5689230
>I'm a socialist too

>> No.5689469

Is there a good guide on how to buy req for someone not into crypto but who wants the dip a toe?

>> No.5689542
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5689542

>>5689469

>> No.5689579
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5689579

>>5689424
>Socialists are brainlets

I agree. Most of them are. But the system works in high-trust, homogeneous countries like mine used to be; Norway.

I would never promote or encourage socialism anywhere that didn't fit the criteria above, which doesn't really apply to any nation anymore. But one can only hope, because when the criteria is in place, it's a good system.

>> No.5689622

How high can it go

>> No.5689632

>>5689542
Kek, but seriously. I'm not a fortune seeker and don't really care about money. Just seems like something neat to do.

>> No.5689669

>>5687073
Wait this was my post. Thanks for making it copypasta though.

>> No.5689676

>>5689632
>Buy buttcoin
>Register on Binance
>Send your buttcoin to Binance
>Buy REQ with your buttcoin

That's it.

>> No.5689678

>>5689632
Buy ltc/btc with usd somehow > binance > req

>> No.5689702

>>5689669
The top part, yeah. It was 10/10, so I made a copypasta of it.

>> No.5689744
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5689744

g-g-guys, we've breached 4000

>> No.5689785
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5689785

>>5689744

THIS FUCKING THING IS GOING TO HIT 1 DOLLAR BEFORE MIDNIGHT!

>> No.5689806

Guys I might actually fucking scream. I sold my REQ the other day for XVG moon mission and this piece of shit is just fucking mooning fuck you req, really FUCK YOU

>> No.5689808

>>5689579
Tbh different systems work better in different contexts

America can be free as fuck because we have no immediate threats of invasion on our borders, for example

>> No.5689840
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5689840

>>5689806

>> No.5689881

>>5689806
Instead of hating it you might try to buy in and actually become part of it.

You're like the guy saying "Fuck ETH for mooning to $2" Read >>5687073 for the potential that REQ has. Do you really think this is only a $350m marketcap coin?

>> No.5689904

AHH IT'S AT $.60 AND I STILL DIDN'T BUY IN

SOMEONE HOLD ME

>> No.5689965

>>5689840
can't read this place anymore

>> No.5690103
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5690103

>>5689133
>Implying normie millennials won't eat this shit up
See you on the moon

>> No.5690136
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5690136

>>5689133
What is this? /biz told me to put all my money in XLM. WTF HAVE YOU DONE TO ME /BIZ???

>> No.5690218
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5690218

>>5690136
They removed it after Reddit sperged out. But still, it shows what kind of people they are.

>tfw sold entire XLM stack
>put it all into REQ at 40 cents
>2 minutes later moon mission begins

>> No.5690335

>>5689676
Don't forget to buy a hardware wallet if you're hodling long term

>> No.5690466

Dont fall for the meme. Look what happened to the guys who said salt is 27.5 hurr durr.

>> No.5690570

>>5688596
Congrats anon you made it.

>> No.5690636

>>5690466
this ain't a meme. this is going to $50 in 2 years. it's literally the most useful crypto out there.

>> No.5690708

>>5689676

yeah except dont use fucking btc because youll get fee raped

use ETH

>> No.5690738

>>5690636
is populous similar to this? what about salt?

>> No.5690866

>>5690738
salt is mostly for loans. it can go either 2x or 0x in a few days depending on people actually getting their loans or not
i know nothing about populous

>> No.5691136

>>5690866
it's been moving up, and seems to be about invoice payments as well

>> No.5691223

>just bought 24 req last night
I'm gonna make it, bros

>> No.5691252

>>5689187

> be socialist
> move your company to singapore to avoid tax and regulation

some socialists they are

>> No.5691393

>>5691136
it's risky, i wouldn't put too much money into it, there are much safer coins right now

>> No.5691399

>>5690218
> They removed it after Reddit sperged

They removed what? That shit is still there:
https://www.stellar.org/community-guidelines/

Whoever wrote this is mentally ill. It doesn't help that their subreddit is run by some total fucking faggot - it's mainly curated by this dude named b1tcc who is

A) constantly online (no life loser)

B) deletes literally anything that offends his tender sensibilities or even asks a question about Stellar that he doesn't like

I don't seen how XLM can succeed if their community is being run by this tier of petty sjw retard

>> No.5691426

>>5691399
They removed the part about them not enforcing racism against whites, or sexism against males.

>> No.5691444

When's the correction?

>> No.5691445

>>5689187
Also a socialist here too.

Market socialist to be exact.

Righties would literally pass up on making money to stick it to dem libs. Pathetic

>> No.5691480

>>5691426
Wow. Huh, they did. This must have just happened within the last couple hours - I was reading this earlier this morning.

>> No.5691515

>>5691426
awww poor wittle whyte bois

Racism is and always will be a power dynamic

>> No.5691569

>BTC climbing
>ETH at an all time high
Fuuuuaaaaaark.


>>5691515
>Racism is and always will be a power dynamic
>White bois
So you are saying whyte bois will always be in charge? sounds pretty racist.

>> No.5691588

You nibbas should be buying req AND kyber idiots. Kyber going to 50 dollar 2018

>> No.5691636

>>5691588
lol

>> No.5691745

>>5691515
>saying whites are superior to blacks

Fuck off, you racist.

>> No.5691901

>>5691515
as we've seen in the soon-to-be-sharia-law-zone countries in europe, nonwhites have plenty of power

who else gets to rape kids and murder people and get away with it?

>> No.5692270

My biz will adopt REQ. Right now we ask clients to pay in Crypto and they're like WTF. If REQ delivers and I can invoice in USD and receive Crypto we're adopting. Better than cryptopay which cannot yet do this.

>> No.5692285

>>5690708
Bingo. Or Ltc if there is some sort of crypto animal breeding and trading game getting extremely popular on the Eth network.

>> No.5692376

>>5691588
>Kyber
Isn't that a pajeet coin?

>> No.5692753
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5692753

>> No.5692983

>>5692270
if I can bill anyone like this, the dollar can collapse for all I care. This would probably be the first major step into replacing fiat money completely

>> No.5693046

Metal does this too, they already have a video of their app showing converting to USD, it goes into your own FDIC-insured bank account by Metal.

>> No.5693122

>>5693046
SHUT THE FUCK UP YOU COCKSUCKING, PAJEET SHILL NO ONE, I REPEAT, NO ONE WANTS TO GET INTO YOUR ALREADY MOONED SHITCOIN. GO FUCK YOURSELF AND THE NEXT TIME I SEE YOU I'LL REPORT YOUR ASS.